27 September 2016
Business Intelligence: A Tech Revolution for the Evolution in Compliance

BBVA mobile payments app racks up 250,000 Spanish downloads

01 September 2014  |  9958 views  |  1 BBVA HCE

Having proved itself a hit in Spain, the BBVA HCE-based mobile payments app is set to be launched in the US, Mexico and Chile by the end of the year.

Launched in Spain last December, BBVA Wallet has already been downloaded more than 250,000 times, making it the most popular bank app for mobile payments in Spain, claims the firm.

The wallet lets customers make contactless payments, and was the first offering from a major bank to tap host card emulation technology, bypassing the mobile operators and their control of the Secure Element.

Taking advantage of this freedom, BBVA is now concentrating on quickly rolling out the technology in other countries, beginning with the US, Mexico and Chile.

Mehmet Sezgin, global payment systems director, BBVA, says: "Our goal is to make BBVA Wallet a global product and make it available in every country in which we operate."
KeywordsEFTPOS

Comments: (1)

Michel-Ange Camhi
Michel-Ange Camhi - Worldline - Bezons | 02 September, 2014, 10:42

Anyone knows who is the solution provider for BBVA Wallet? especially the HCE part?

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

BBVA unveils European startup contest finalists

BBVA unveils European startup contest finalists

18 August 2014  |  12411 views  |  0 comments | 22 tweets | 8 linkedin
Westpac NZ trials HCE-based mobile contactless payments

Westpac NZ trials HCE-based mobile contactless payments

22 July 2014  |  6949 views  |  0 comments | 12 tweets | 4 linkedin
BBVA introduces HCE-based mobile NFC payments

BBVA introduces HCE-based mobile NFC payments

30 June 2014  |  13840 views  |  0 comments | 20 tweets | 28 linkedin
Sberbank preps SE and HCE mobile wallets

Sberbank preps SE and HCE mobile wallets

09 June 2014  |  8296 views  |  7 comments | 9 tweets | 4 linkedin
Finextra Leadership: Open innovation at BBVA

Finextra Leadership: Open innovation at BBVA

16 May 2014  |  13053 views  |  0 comments | 21 tweets | 12 linkedin
BBVA creates digital banking unit

BBVA creates digital banking unit

24 March 2014  |  11810 views  |  0 comments | 14 tweets | 12 linkedin
Banco Sabadell trials Carta mobile wallet with Host Card Emulation

Banco Sabadell trials Carta mobile wallet with Host Card Emulation

04 March 2014  |  5870 views  |  0 comments | 5 tweets | 4 linkedin
BBVA buys Simple for $117m

BBVA buys Simple for $117m

20 February 2014  |  10083 views  |  1 comments | 11 tweets | 17 linkedin
BBVA sets up $100 million fintech venture fund

BBVA sets up $100 million fintech venture fund

25 January 2013  |  16127 views  |  1 comments | 12 tweets | 4 linkedin
Visa signs BBVA to V.me wallet

Visa signs BBVA to V.me wallet

25 October 2012  |  13753 views  |  0 comments | 11 tweets | 6 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
02 September 2014
Visit VocaLink.comFind out moreVisit equens.com

Who is commenting?

Top topics

Most viewed Most shared
RBS tests demonstrate ability of Ethereum to support a national domestic payments systemRBS tests demonstrate ability of Ethereum...
13314 views comments | 51 tweets | 46 linkedin
Banks test blockchain for reference data managementBanks test blockchain for reference data m...
8550 views comments | 16 tweets | 27 linkedin
Swift beware: Ripple signs banks to global payments steering groupSwift beware: Ripple signs banks to global...
8330 views comments | 32 tweets | 17 linkedin
FCA to kickstart sandbox with 24 applicantsFCA to kickstart sandbox with 24 applicant...
6931 views comments | 33 tweets | 15 linkedin
Time has come to extract value from blockchain investment – new Finextra paperTime has come to extract value from blockc...
6898 views comments | 22 tweets | 16 linkedin

Featured job

Find your next job